Incredible opportunity to own 6 unit, turn-key, cash flowing investment property!

1475 GROVE STREET, CLEARWATER, FL

$675,000

4384 SqFt

Incredible opportunity to own 6 unit, turn-key, cash flowing investment property! 5 of 6 units have been updated with ceramic tile, new bathrooms and kitchens, with granite counter-tops and all wood cabinetry. . All units have screen porches and central AC. Only unit 106 is has not been updated. It is a 2 bed 1 bath and is rented for $950 through 2/20.the updated 2/1 rents for $1000. 1 bedroom units rent for $800/$850. At the current price and current rents the property will return a 6.5%-7.5% cap rate or $47K-$53k net annual income.

Property Details

Property Type MultiFamily
Mls # U8049019
LotSize 0.14 acres
Property Subtype Other
Year Built 1971
Cooling Systems central a/c
Exterior Types block
Parking Types assigned

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$100,000

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2. Be contacted about a mortgage by a live loan officer, artificial or prerecorded voice, and SMS text at my residential or cellular number, dialed manually or by autodialer (consent to be contacted is not a condition to purchase services) and to be contacted via email; I consent to be contacted even if my phone number or email address appears on a New American Funding Do Not Call / Do Not Email List, a State or National Do Not Call Registry, or any other Do Not Contact List.

Shawn Dunn
Shawn Dunn
    Total Realty Services Inc.
  • Saint Petersburg, Florida
  • Phone: 727-272-1618
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I'll be reaching out to you shortly. In the meantime, please feel free to call or text me with any questions.
Visit me online at http://www.shawndunnrealtor.com

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Reviews

Highly likely to recommend

Rare experience with this Real Estate Agent. He provided services that most agents fail to understand: Returned phone call and emails promptly, always followed threw on every committment, informed me ...

Read more 10/23/2018 - toysub13
Sold a Condo home in 2018 for approximately $400K in Madeira Beach, FL.

Highly likely to recommend

Simply the best!!! The man was my eyes and ears throughout the whole deal! I can't thank him enough for all the effort he put in,to making this deal the smoothest possible! I am very greatfull and I highly ...

Read more 06/25/2017 - zuser20140505114457153
Bought a Multi Family home in 2017 for approximately $100K in Largo, FL.

Highly likely to recommend

My husband and I had very specific ideas of what we wanted and he had to work pretty hard to find it, and then it was finding the right mortgage company. I tried working with others and they did not ...

Read more 06/16/2017 - richele pate71
Bought a home in 2017 in Pinellas Park, FL 33781.

Highly likely to recommend

We bought a house with Mr. Dunn a couple of months ago, and it was an awesome experience! We were moving from out of state, so our opportunity to look at homes in person was really limited to a very short ...

Read more 09/02/2016 - cmcclung snyder
Bought a home in 2016 in Seminole, FL 33772.

Highly likely to recommend

If you trying to buy a house in Pinellas county or Hillsborough county, Mr. Shawn Dunn is your man. Shawn helped us chose the very best house, within our budget, at the lowest price possible. His back ...

Read more 03/01/2015 - AJ Nahavandi
Bought a Single Family home in 2015 for approximately $200K in Gulf Gate Estates, Sarasota, FL.

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